Tributary Nebraska Tax-Free Fund (FONPX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FONPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FONPX
FONPX charges 0.45% annually. There are 96 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | FONPX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | FONPX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | FONPX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | FONPX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | FONPX vs FSMUX |
Best Risk-Adjusted Alternatives to FONPX
FONPX has a PortfoliosLab risk / return rank of 37. There are 416 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | FONPX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | FONPX vs ATOIX | |
| DFA Short-Term Selective State Municipal Bond Port... | 99 | — | Apr 2022 | FONPX vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | FONPX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | FONPX vs TFCYX |
Top Performing FONPX Alternatives (YTD)
FONPX is at -0.27% YTD. There are 418 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.42% | — | Apr 1998 | FONPX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 7.26% | — | Nov 2002 | FONPX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 6.51% | — | Oct 1992 | FONPX vs MIY | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 5.51% | 12.30B | Sep 1994 | FONPX vs VTMFX | |
| AllianceBernstein National Municipal Income Fund | 5.23% | — | Nov 2001 | FONPX vs AFB |
Lowest Volatility Alternatives to FONPX
FONPX has 2.28% 1-year volatility. There are 127 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.53%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.53% | — | Aug 2002 | FONPX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | FONPX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | FONPX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.64% | — | May 2016 | FONPX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.64% | — | May 2016 | FONPX vs USMTX |
Lowest Drawdown Alternatives to FONPX
FONPX has a 1-year max drawdown of -2.54%. There are 160 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | FONPX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | FONPX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | FONPX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | FONPX vs TFCYX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | FONPX vs DFSMX |
Other Mutual Funds from Tributary Funds
The 5 most viewed Tributary Funds mutual funds shown here include FOSCX, FSMBX, FOSIX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Tributary Small Company Fund | Small Cap Blend Equities | 74 | 28.27% | — | Jun 1996 | FONPX vs FOSCX | |
| Tributary Small/Mid Cap Fund | Mid Cap Blend Equities | 26 | 15.06% | — | Aug 2019 | FONPX vs FSMBX | |
| Tributary Short-Intermediate Bond Fund | Short-Term Bond | 47 | 0.60% | — | Dec 1992 | FONPX vs FOSIX | |
| Tributary Balanced Fund | Diversified Portfolio | 47 | 5.48% | — | Aug 1996 | FONPX vs FOBAX | |
| Tributary Income Fund | Intermediate Core Bond | 8 | -0.88% | — | Mar 2001 | FONPX vs FOINX |
Often Compared With FONPX
Investors most often compare FONPX with MPA, APUSX, NPV. These 11 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare FONPX with Any Fund or Stock
Compare FONPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FONPX with funds that move differently
Tributary Nebraska Tax-Free Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FONPX.
Explore FONPX Diversifiers